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mother earth

(6,002 posts)
Wed May 14, 2014, 08:31 PM May 2014

$85 Billion Corp Tax Cut Bill Up For Vote This Wk, Dems not Fighting to Tie to UEC Extension? Why?

Unemployment Extension 2014: Tying Benefits To Corporate Tax Cut ‘Not Going To Happen’

An unemployment extension in 2014 appeared less and less likely this week as an attempt by a lone Republican senator to tie the unemployment benefits extension to a massive corporate tax cut bill fizzled out on Capitol Hill.


Nevada Senator Dean Heller has been a lone Republican voice pushing for the extension of unemployment benefits into 2014, co-sponsoring a bill that would pay the benefits through the end of May, retroactive to December 29 when unemployment benefits were suddenly cut off when Congress failed to vote on extending them.



$85 Billion Corporate Tax Cut Bill Up For Vote This Week

This week, the Senate is considering and is all but certain to pass an $85 billion tax cut package for large corporations. Heller earlier announced his intention to attach the unemployment extension bill as an amendment to that bill — a common practice in Congress — forcing Republicans to approve both or neither.

But Heller said Wednesday that he has given up on that initiative because Democrats who control the Senate, despite having passed the unemployment extension and strongly supporting extended unemployment benefits, do not want to attach the measure to the corporate tax cut bill.

Unemployment Extension Will Not be Tied To Tax Cuts

“That’s not going to happen,” Heller said, in an interview with The Washington Examiner. “There just isn’t the appetite I had expected on the Left to address the issue.”

According to Heller, Senate Democrats have not allowed an amendment to any tax cutting measure in the past three years.

“I’ve been told we are not going to this time, either,” he said.

But a spokesperson for Senate Majority Leader Harry Reid — who also represents Nevada — said that the possibility of attaching the 2014 unemployment extension to the corporate tax cut bill — referred to as a package of tax cut “extenders” — remains open.

“Nothing has been ruled out on the extenders bill, but anyone who wants to pass unemployment insurance should be focused on pressuring Speaker Boehner, who has the Senate-passed bill sitting in his lap,” said Reid’s press rep Adam Jentleson.

Heller told The Las Vegas Review-Journal that he continues to look for another bill that would be a good fit to take the 2014 unemployment extension as an amendment

Read more at http://www.inquisitr.com/1252003/unemployment-extension-2014-tying-benefits-to-corporate-tax-cut-not-going-to-happen/#Py5l1UVD0KBJeDBY.99

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It's all well and good to call out Boehner who only cares about the l%, but why aren't the Dems playing hardball on this? And why haven't they used every damned tax cut for the plutocracy to win "something"..."anything" in exchange....these are the things that play out that really screw us over. There truly is no damned difference between parties when leverage is thrown under the bus in this do nothing f'ed up political climate...my bad for believing there won't be riots in the streets at some point. Who the hell stands for the people?

Harry Reid, if it "remains open", it had better be used...to hell with Boehner, he's a scum sucking dirt bag and we get it, but where are the Dems? What's the hold up? Stop paying lip service and just do it, stop throwing people under the bus.
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$85 Billion Corp Tax Cut Bill Up For Vote This Wk, Dems not Fighting to Tie to UEC Extension? Why? (Original Post) mother earth May 2014 OP
Likely because they favor the tax cut bill. n/t PoliticAverse May 2014 #1
Why? You're asking why? Armstead May 2014 #2
it's up to you nevada call harry cause he wont listen to anyone else leftyohiolib May 2014 #3
I believe this is being negotiated with the $300 Billion dollar infrastructure bill. That bill okaawhatever May 2014 #4
I hope you are right, but after finding the link below, it looks like another issue for no agreement mother earth May 2014 #5
I think they're going to have to get something approved, the question is will they just okaawhatever May 2014 #6
 

Armstead

(47,803 posts)
2. Why? You're asking why?
Wed May 14, 2014, 08:46 PM
May 2014

Who wants to stop an $85 billion tax cut to wealthy corporations just so a bunch of lazyassed bums can eat and pay the rent?

 

leftyohiolib

(5,917 posts)
3. it's up to you nevada call harry cause he wont listen to anyone else
Wed May 14, 2014, 10:39 PM
May 2014

“Nothing has been ruled out on the extenders bill, but anyone who wants to pass unemployment insurance should be focused on pressuring Speaker Boehner, who has the Senate-passed bill sitting in his lap,” said Reid’s press rep Adam Jentleson.

okaawhatever

(9,461 posts)
4. I believe this is being negotiated with the $300 Billion dollar infrastructure bill. That bill
Wed May 14, 2014, 10:55 PM
May 2014

is structured so that $150 Billion will come from tax increases to corporations and the rest from the regular budget. The $150 Billion from corps was mainly going to come from ending certain tax breaks. What has probably happened is either the $85 Billion is what will be renewed of the corp tax breaks or is a compromise from the $150 in tax breaks. Either way the dems win because corp taxes will go up and we'll finally get some infrastructure spending and economy stimulation (jobs).

I hope we get the full $150 Billion in corp taxes, but I'll settle for an extra $65 Billion.

mother earth

(6,002 posts)
5. I hope you are right, but after finding the link below, it looks like another issue for no agreement
Thu May 15, 2014, 09:50 AM
May 2014

which seems to be all that happens, nothing tangible gets done.

http://www.autoblog.com/2014/04/29/transportation-bill-us-infrastructure-costs/

Trouble is, if the UEC bill is not approved before the end of the month, another one will have to be worked out, not much chance of much getting done with the midterms coming up.

okaawhatever

(9,461 posts)
6. I think they're going to have to get something approved, the question is will they just
Thu May 15, 2014, 10:01 AM
May 2014

do the minimum or can they work out a good deal. I think if the corporate tax credits are getting ready to expire (some of them are good, like for green energy) and the transportation funding is getting ready to expire something will be worked out it just is a matter of where the compromise falls. It seems like both sides have something to lose and something to gain with their voters. Let's cross our fingers.

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